Empirical Analysis of the Chinese Mask Industry During the Covid-19 Epidemic
- DOI
- 10.2991/aebmr.k.210319.027How to use a DOI?
- Keywords
- China, COVID 19, mask production, masks export
- Abstract
Traditionally, the mask industry in China has several characteristics, including small-scale production, low technology and low human capital investment. As a result, the Chinese mask industry has a low entrance barrier which leads to high competition among various players. However, in 2020, during the outbreak of the COVID-19 pandemic, the demand for medical masks in various countries has increased dramatically, and therefore masks in China are out of stock. Nevertheless, after the pandemic remains under control, China, the first country experiencing an urgency in supply shortage, may face the problems of over-supply. This article analyzes the market changes before and after the epidemic and the successful strategies of manufacturers, and provides solutions for overcapacity after the outbreak of the epidemic. It provides ideas for Chinese enterprises to seize the opportunity to surpass famous foreign enterprises such as 3M and seize the dominant position in China’s mask market.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Ziyu Yu PY - 2021 DA - 2021/03/22 TI - Empirical Analysis of the Chinese Mask Industry During the Covid-19 Epidemic BT - Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021) PB - Atlantis Press SP - 145 EP - 149 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210319.027 DO - 10.2991/aebmr.k.210319.027 ID - Yu2021 ER -